Bridger Aerospace Group Holdings, Inc. (BAER) delivered earnings and revenue surprises of -1,200.00% and -19.75%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Second quarter 2026 revenue of $30.5 million, in line with prior-year period  New contracts and longer task orders continue to expand Company’s footprint The Company reiterates 2026 guidance, including revenue expectations of $135 million to $145 million BELGRADE, Mont., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger,” “Bridger Aerospace” or the “Company”) (NASDAQ: BAER, BAERW), one of the nation’s leading aerial firefighting companies, today reported financial results for the second quarter ended June 30, 2026. Q2 2026 Financial Highlights: Second quarter 2026 revenue of $30.5 million, essentially flat when compared to the prior-year period of $30.8 million. When excluding non-recurring return-to-service work which is mostly non-contributing to margin, revenue in the second quarter of 2026 was $29.7 million versus $25.7 million in the second quarter of 2025, an increase of 16%. Net loss for the second quarter was $(0.5) million, with Adjusted EBITDA of $8.1 million compared to second quarter 2025 net income of $0.3 million and Adjusted EBITDA of $10.8 million. Reiterating full year 2026 guidance: Revenue expected to be between $135 million and $145 million, representing 14% growth at the midpoint of the range and growth of 29% when excluding non-recurring return-to-service work on the Spanish Super Scoopers in 2025 Adjusted EBITDA expected to be between $55 million and $60 million, representing 27% growth at the midpoint of the range “Our second quarter results reflect expected performance. At the same time, we saw a meaningful increase in preparation from our agency partners, from the longest task orders we’ve received for our Super Scoopers, to the new task order for our dual-sensor King Air 350. These commitments extend aircraft utilization into the fourth quarter, reflecting how seriously our government partners are treating the wildfire outlook for the remainder of the season,” shared Sam Davis, President and Chief Executive Officer of Bridger Aerospace. “This year, wildfires have continued to intensify globally. According to the National Interagency Fire Center (NIFC), U.S. wildfire activity has already surpassed 5 million acres burned as of late July, roughly 2 million acres more year-over-year, with several Western regions seeing above normal fire conditions, while Europe is experiencing one of its worst wildfire years. It’s in years like this that having dependable aerial firefighting capacity in place matters most.” Mr. Davis continued, “Heading into Q3, fleet activity is reflecting the alarming wildfire reality we are facing and we are positioning the full fleet to respond as conditions demand it. As circumstances grow increasingly severe, government agencies have worked diligently to secure our aircraft well into the end of the year – a length in commitment that we have not experienced in years past. Our job is to be ready whenever communities need us most for as long as we’re needed, and our focus remains on saving lives, property, and the environment through the end of the year.” Q2 2026 and Recent Operational Highlights: In May secured two 160-day U.S. Forest Service task orders for four CL-415EAF Super Scoopers, representing at least $30 million of guaranteed standby revenue for the 2026 fire season. The awards increased guaranteed deployment from 120 to 160 days per aircraft, representing the longest guaranteed task orders in the Company's history and extending operations into the fourth quarter. In July awarded a 112-day 2026 U.S. Department of the Interior task order for its most advanced Multi-Mission Aircraft, deploying a newly enhanced King Air 350 featuring dual-sensor capabilities, Wide Area Motion Imagery (WAMI), EO/IR technology and real-time data dissemination to support wildfire and emergency response operations across the United States. In July secured a $58 million contract with Texas A&M Forest Service to acquire, modify, and deliver three King Air 360 multi-mission aircraft as the foundation of the state's new wildfire aviation surveillance program, with deliveries over the next three years and all aircraft modifications performed in Texas. In July entered into a lease agreement with Avincis, Europe's leading provider of emergency aerial services, deploying two Bridger-owned Super Scoopers to support active wildfire suppression efforts in Portugal, marking Bridger's first revenue-generating operations in Europe, with the aircraft under contract through mid-October 2026, subject to the terms and conditions of the applicable agreements. In July expanded the capabilities of the IGNIS wildfire intelligence platform through a strategic partnership with TracPlus, integrating real-time aircraft tracking, mission data and aerial suppression intelligence into a unified operating picture designed to enhance situational awareness and decision-making for firefighters and incident management teams. Second Quarter 2026 Results Revenue for the second quarter of 2026 was $30.5 million compared to $30.8 million in the second quarter of 2025, a decrease of 1%. This decrease was primarily a result of non-recurring return-to-service revenue of $0.8 million in the second quarter of 2026 compared to $5.1 million in the same period of 2025, offset by increased flight hours for the Super Scoopers. When excluding the non-recurring revenue from both periods, revenue increased 16%. Cost of revenues was $19.2 million in the second quarter of 2026 compared to $18.7 million in the second quarter of 2025. Cost of revenues from non-recurring return-to-service was $0.8 million in the second quarter of 2026 compared to $4.8 million in the same period of 2025. When excluding the non-recurring cost of revenues from both periods, cost of revenues increased 32%, primarily due to increased aircraft depreciation expense, fuel expense, and workforce costs. Selling, general and administrative expenses (“SG&A”) were $5.3 million in the second quarter of 2026 compared to $6.5 million in the second quarter of 2025, primarily reflecting a change in the fair value of our warrants, stock-based compensation and contingent consideration. Interest expense for the second quarter of 2026 was $6.6 million compared to $5.7 million in the second quarter of 2025. Net loss was $(0.5) million in the second quarter of 2026 compared to net income of $0.3 million in the second quarter of 2025. Loss per diluted share was $(0.13) for the second quarter of 2026 compared to $(0.12) per diluted share in the second quarter of 2025. Adjusted EBITDA was $8.1 million in the second quarter of 2026 compared to $10.8 million in the second quarter of 2025. Definitions and reconciliations of net (loss) income to EBITDA and Adjusted EBITDA are attached as Exhibit A to this release. As of June 30, 2026, cash and cash equivalents were $7.2 million compared to $31.4 million as of December 31, 2025. The decrease over year-end reflects seasonal working capital usage and the timing of customer receipts. Business Outlook The Company is reiterating its full year 2026 guidance. Revenue is expected to be between $135 million and $145 million, representing 14% growth at the midpoint of the range and 29% growth when excluding revenue associated with return-to-service work in 2025. Adjusted EBITDA is expected to be between $55 million and $60 million, representing 27% growth at the midpoint of the range. Definitions and reconciliations of net loss to EBITDA and Adjusted EBITDA are attached as Exhibit A to this release. Conference Call Bridger Aerospace will hold an investor conference call today, August 6, 2026, at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and its business outlook. Interested parties can access the conference call by dialing 1-800-343-5172 or 1-203-518-9856. When prompted, please provide the Conference ID: BRIDGER. The conference call will also be broadcast live on the Investor Relations section of our website at https://ir.bridgeraerospace.com. An audio replay will be available through August 12, 2026, by calling 844-512-2921 or 412-317-6671 and using the passcode 11162159. The replay will also be accessible at https://ir.bridgeraerospace.com. About Bridger Aerospace Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com. Forward Looking Statements Certain statements included in this press release that are not historical facts (including any statements concerning plans and objectives of management for future operations or economic performance, or assumptions or forecasts related thereto) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “could,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “poised,” “positioned,” “potential,” “seem,” “seek,” “future,” “outlook,” “target,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding: (1) Bridger’s full-year 2026 financial guidance, including expected revenue and Adjusted EBITDA; (2) expected aircraft utilization, deployment levels, flight hours and fleet availability; (3) the anticipated expansion of Bridger’s operations and increased deployment of Bridger’s aircraft fleet, including the expansion of operations into new geographic markets, the anticipated benefits therefrom and the ultimate structure of such acquisitions and/or right to use arrangements; (4) Bridger’s business and growth plans and future financial performance, including anticipated revenues and benefits associated with customer contracts, task orders and other commercial arrangements; (5) the current and future demand for aerial firefighting services, including the duration, severity, timing and geographic scope of domestic and international wildfire activity; (6) the timing and performance of aircraft modifications and deliveries; (7) the magnitude, timing and benefits from any cost reduction actions; (8) Bridger’s exploration of, need for, or completion of any future financings; (9) Bridger’s expected liquidity, cash flows and capital resources; and (10) anticipated investments in additional aircraft, technology, capital resources, research and development and operational capabilities and the effect of these investments. These statements are based on various assumptions and estimates, whether or not identified in this press release, and on the current expectations of Bridger’s management and are not predictions of actual performance. These forward-looking statements are not intended to serve as and must not be relied on by any investor as a guarantee, an assurance or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Bridger. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to: the timing, location, duration or severity of wildfire activity; the extent to which wildfire activity results in aircraft deployments, flight hours and revenue opportunities; changes in customer demand or funding levels; risks that government contracts, task orders or other customer commitments are delayed, modified, reduced, terminated or not renewed; changes in domestic and foreign general economic business, market, financial, political and legal conditions; Bridger’s failure to realize the anticipated benefits of any acquisitions; aircraft availability, maintenance requirements, weather events, parts shortages, supply chain disruptions or certification issues; Bridger’s ability to successfully operate and deploy its fleet; Bridger’s successful integration of any aircraft (including achievement of synergies and cost reductions); Bridger’s ability to successfully and timely develop, sell and expand its services and otherwise implement its growth strategy; risks relating to Bridger’s operations and business, including information technology, cybersecurity and data privacy risks, loss of requisite licenses, flight safety risks, loss of key customers and deterioration in relationships between Bridger and its employees; risks related to increased competition; risks relating to potential disruption of current plans, operations and infrastructure of Bridger, including as a result of the consummation of any acquisition; risks that Bridger is unable to secure or protect its intellectual property; risks that Bridger experiences difficulties managing its growth and expanding operations; Bridger’s ability to compete with existing or new companies that could cause downward pressure on prices, fewer customer orders, reduced margins, the inability to take advantage of new business opportunities and the loss of market share; the ability to successfully select, execute or integrate future acquisitions into Bridger’s business, which could result in material adverse effects to operations and financial condition; the availability of capital and liquidity; and those factors discussed in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” included in Bridger’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 6, 2026 for the fiscal year ended December 31, 2025 and in subsequent filings made by Bridger with the SEC from time to time. If any of these risks materialize or Bridger’s management’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The risks and uncertainties above are not exhaustive and there may be additional risks that Bridger presently does not know or that Bridger currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Bridger’s expectations, plans or forecasts of future events and views as of the date of this press release. Bridger anticipates that subsequent events and developments will cause Bridger’s assessments to change. However, while Bridger may elect to update these forward-looking statements at some point in the future, except as required by applicable law, Bridger specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Bridger’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release. BRIDGER AEROSPACE GROUP HOLDINGS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) (Unaudited)      For the three months ended June 30,For the six months ended June 30, (dollars in thousands, except per share amounts) 2026  2025  2026  2025  Revenues$30,494 $30,751 $39,006 $46,397  Cost of revenues:     Flight operations 10,059  7,856  16,620  14,108  Maintenance 9,113  10,844  19,600  21,799  Total cost of revenues 19,172  18,700  36,220  35,907  Gross income 11,322  12,051  2,786  10,490  Selling, general and administrative expense (5,309) (6,524) (22,039) (15,114) Interest expense (6,607) (5,737) (12,757) (11,472) Other income 91  700  231  1,299  (Loss) income before income taxes$(503)$490 $(31,779)$(14,797) Income tax benefit (expense) 5  (182) (23) (433) Net (loss) income$(498)$308 $(31,802)$(15,230) Series A Preferred Stock – adjustment to maximum redemptions value (7,109) (6,636) (14,137) (13,197) Loss attributable to Common stockholders - basic and diluted$(7,607)$(6,328)$(45,939)$(28,427) Loss per share - basic and diluted$(0.13)$(0.12)$(0.82)$(0.53) Weighted average Common Stock outstanding - basic and diluted 56,439,564  53,878,966  55,867,575  53,846,770        BRIDGER AEROSPACE GROUP HOLDINGS, INC. CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited)   dollars in thousandsAs of June 30, 2026As of December 31, 2025 ASSETS   Current assets:   Cash and cash equivalents$7,241 $31,381  Accounts receivable 20,501  3,190  Aircraft support parts 1,071  1,654  Prepaid expenses and other current assets 3,644  3,994  Total current assets 32,457  40,219  Property, plant and equipment, net 220,677  218,814  Intangible assets, net 5,934  6,023  Goodwill 20,888  20,888  Other noncurrent assets 44,183  44,362  Total assets$324,139 $330,306  LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ DEFICIT   Current liabilities:   Accounts payable$5,012 $3,417  Accrued expenses and other current liabilities 7,876  9,794  Operating right-of-use current liabilities 3,033  2,384  Current portion of long-term debt, net of debt issuance costs 2,795  926  Total current liabilities 18,716  16,521  Long-term accrued expenses and other noncurrent liabilities 9,034  7,576  Operating right-of-use noncurrent liabilities 28,995  29,163  Long-term debt, net of debt issuance costs 233,092  212,380  Total liabilities$289,837 $265,640  COMMITMENTS AND CONTINGENCIES   MEZZANINE EQUITY   Series A Preferred Stock 421,394  407,257  STOCKHOLDERS’ DEFICIT   Common Stock 6  6  Additional paid-in capital 71,204  82,315  Accumulated deficit (456,901) (425,099) Accumulated other comprehensive (loss) income (1,401) 187  Total stockholders’ deficit (387,092) (342,591) Total liabilities, mezzanine equity, and stockholders’ deficit$324,139 $330,306      BRIDGER AEROSPACE GROUP HOLDINGS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited)     For the six months ended June 30, dollars in thousands  2026  2025  Cash Flows from Operating Activities:    Net loss $(31,802)$(15,230) Adjustments to reconcile net loss to net cash used in operating activities, net of acquisitions:    Loss (gain) on sale/disposal of fixed assets  89  (136) Depreciation and amortization  6,888  5,999  Stock-based compensation expense  1,777  3,728  Change in fair value of the Warrants  2,132  1,066  Amortization of debt issuance costs and revolver asset  1,077  501  Change in fair value of earnout consideration  (63) (2,748) Changes in operating assets and liabilities    Accounts receivable  (17,323) (12,380) Aircraft support parts  583  (203) Prepaid expense and other current and noncurrent assets  814  2,257  Accounts payable, accrued expenses and other liabilities  (994) 931  Net cash used in operating activities  (36,822) (16,215) Cash Flows from Investing Activities:    Purchases and improvements of property, plant and equipment  (8,459) (4,237) Capitalized costs related to in-process research and development (“IPR&D”)  (730) (626) Sale of property, plant and equipment  -  973  Net cash used in investing activities  (9,189) (3,890) Cash Flows from Financing Activities:    Drawdown of revolving credit facility  10,000  -  Drawdown of delayed draw term loan  14,000  -  Cash paid for taxes related to net share settlement of equity awards  (571) (374) Payment of finance lease liability  (13) (15) Repayments on debt  (1,455) (1,621) Net cash provided by (used in) financing activities  21,961  (2,010) Effects of exchange rate changes  (90) (95) Net change in cash, cash equivalents and restricted cash  (24,140) (22,210) Cash, cash equivalents and restricted cash – beginning of the period  31,381  53,083  Cash, cash equivalents and restricted cash – end of the period $7,241 $30,873  Less: Restricted cash – end of the period  -  13,837  Cash and cash equivalents – end of the period $7,241 $17,036       EXHIBIT A Non-GAAP Results and Reconciliations Although Bridger believes that net income or loss, as determined in accordance with GAAP, is the most appropriate earnings measure, we use EBITDA and Adjusted EBITDA as key profitability measures to assess the performance of our business. Bridger believes these measures help illustrate underlying trends in our business and use the measures to establish budgets and operational goals, and communicate internally and externally, in managing our business and evaluating its performance. Bridger also believes these measures help investors compare our operating performance with its results in prior periods in a way that is consistent with how management evaluates such performance. Each of the profitability measures described below is not recognized under GAAP and does not purport to be an alternative to net income or loss determined in accordance with GAAP as a measure of our performance. Such measures have limitations as analytical tools, and you should not consider any of such measures in isolation or as substitutes for our results as reported under GAAP. EBITDA and Adjusted EBITDA exclude items that can have a significant effect on our profit or loss and should, therefore, be used only in conjunction with our GAAP profit or loss for the period. Bridger’s management compensates for the limitations of using non-GAAP financial measures by using them to supplement GAAP results to provide a more complete understanding of the factors and trends affecting the business than GAAP results alone. Because not all companies use identical calculations, these measures may not be comparable to other similarly titled measures of other companies. Bridger does not provide a reconciliation of forward-looking measures where Bridger believes such a reconciliation would imply a degree of precision and certainty that could be confusing to investors and is unable to reasonably predict certain items contained in the GAAP measures without unreasonable efforts, such as acquisition costs, integration costs and loss on the disposal or obsolescence of aging aircraft. This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred and are out of Bridger’s control or cannot be reasonably predicted. For the same reasons, Bridger is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures. EBITDA and Adjusted EBITDA EBITDA is a non-GAAP profitability measure that represents net income or loss for the period before the impact of the interest expense, income tax (benefit) expense and depreciation and amortization of property, plant and equipment and intangible assets. EBITDA eliminates potential differences in performance caused by variations in capital structures (affecting financing expenses), the cost and age of tangible assets (affecting relative depreciation expense) and the extent to which intangible assets are identifiable (affecting relative amortization expense). Adjusted EBITDA is a non-GAAP profitability measure that represents EBITDA before certain items that are considered to hinder comparison of the performance of our businesses on a period-over-period basis or with other businesses. During the periods presented, we exclude from Adjusted EBITDA certain costs that are required to be expensed in accordance with GAAP, including Adjusted EBITDA non-cash stock-based compensation, business development and integration expenses, offering costs, non-cash adjustments to fair value of earnout consideration, and non-cash adjustments to the fair value of warrants. Our management believes that the inclusion of supplementary adjustments to EBITDA applied in presenting Adjusted EBITDA is appropriate to provide additional information to investors about certain material non-cash items and about unusual items that we do not expect to continue at the same level in the future. The following table reconciles net (loss) income, the most directly comparable GAAP measure, to EBITDA and Adjusted EBITDA for the three and six months ended June 30, 2026 and 2025. dollars in thousandsThree Months ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025 Net (loss) income$(498)$308 $(31,802)$(15,230) Income tax (benefit) expense (5) 182  23  433  Depreciation and amortization 4,837  4,019  6,888  5,999  Interest expense 6,607  5,737  12,757  11,472  EBITDA 10,941  10,246  (12,134) 2,674  Stock-based compensation1 (655) 1,737  1,777  3,728  Business development & integration expenses2 598  355  1,402  587  Change in fair value of earnout consideration3 (33) (2,597) (63) (2,748) Change in fair value of Warrants4 (2,931) 799  2,132  1,066  Offering costs5 -  279  42  437  Non-recurring executive transition costs6 220  -  504  -  Adjusted EBITDA$8,140 $10,819 $(6,340)$5,744        Represents non-cash stock-based compensation expense associated with employee and non-employee equity and liability classified awards. Represents expenses related to integration costs for completed acquisitions and expenses related to potential acquisition targets and additional business lines. Represents non-cash fair value adjustment for earnout consideration issued in connection with the acquisitions of Ignis Technologies, Inc. and Flight Test & Mechanical Solutions, Inc. Represents the non-cash fair value adjustment for Warrants issued in connection with the Reverse Recapitalization. Represents one-time costs for professional service fees related to the preparation for potential offerings that have been expensed during the period. Represents expenses associated with the build out and transition of the executive leadership team. Investor Contact Tom Cook BridgerAerospaceIR@icrinc.com  Media Contact Devin Johnson Bridger Aerospace 406-919-5980 d.johnson@bridgeraerospace.com

Redwire Corporation (RDW) delivered earnings and revenue surprises of +50.00% and +11.14%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Wildfire and Emergency Response Drones Are Reshaping a Billion-Dollar Market Wildfire and Emergency Response Drones Are Reshaping a Billion-Dollar Market PR Newswire NEW YORK, Aug. 4, 2026 AI-Powered Drone Technology Is Transforming Emergency Response While Creating a Multi-Billion-Dollar Market...

Contract covers acquisition, modification, and delivery of three King Air 360 multi-mission aircraft BELGRADE, Mont., July 27, 2026 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger,” “Bridger Aerospace” or the “Company”) (NASDAQ: BAER, BAERW), one of the nation’s leading aerial firefighting companies, today announced it has secured a $58 million contract with Texas A&M Forest Service to acquire, modify, and deliver three King Air 360 multi-mission aircraft as the foundation of their wildfire aviation program, delivered over the course of the next three years. As the threat of wildfires continue to grow in severity and duration, the state of Texas has focused on preparation to protect its growing population. In 2024 alone, Texas A&M Forest Service and local fire departments responded to 5,187 wildfires that burned 1,300,579 acres across the state; including the Smokehouse Creek Fire, the largest in state history. Following the growth of wildfire risk, Texas legislature appropriated $257 million to Texas A&M Forest Service for the purchase, operation, and maintenance of wildfire suppression aircraft through HB500. Within this appropriations package, Bridger has been contracted for their King Air program. These multi-mission aircraft (MMA) will be configured to support wildland fire detection and situational awareness, emergency operations, cargo transportation and medical evacuation (Medevac) missions. All aircraft modifications will be performed in Texas. Bridger Aerospace is working directly with the original equipment manufacturer (OEM), Textron Aviation, to expedite the delivery schedule for all three aircraft and deliver the most advanced sensor enhanced platforms available today. “As wildfires grow more frequent, more intense, and more destructive, states are recognizing the growing importance of preparedness and the scarcity of available aviation assets,” said Bridger CEO Sam Davis. “Texas A&M Forest Service is setting the standard by investing in a modern, state-based aerial firefighting program that puts resources in place before disasters strike. This contract marks an important milestone for Bridger as we expand our partnerships with states that are taking a proactive approach to wildfire response. By completing these aircraft modifications in Texas, we're strengthening our operational footprint, supporting local jobs and aviation infrastructure, and building the capacity needed to better protect lives, property, and the environment across the country.” The contract reflects a growing recognition among state governments that effective wildfire response requires expanded access to reliable aerial firefighting assets. About Bridger Aerospace Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com. Investor Contact Tom Cook BridgerAerospaceIR@icrinc.com Media Contact Devin Johnson Bridger Aerospace 406-919-5980 d.johnson@bridgeraerospace.com Forward Looking Statements Certain statements in this press release are “forward-looking statements” within the meaning of the federal securities laws, including statements regarding the anticipated scope, duration, performance, benefits and value of the contract announced in this press release; anticipated aircraft modification and deployment; expected revenues and business opportunities associated with the contract; demand for aerial firefighting services; and Bridger’s future business, operations and financial performance. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “poised,” “positioned,” “potential,” “seem,” “seek,” “future,” “outlook,” “target,” and similar expressions. These forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, the risk that the contract does not generate the anticipated revenues or benefits; the risk that the contract may be modified, delayed or terminated; aircraft availability, maintenance, operational readiness, staffing and regulatory approvals; the timing and severity of wildfire seasons; competitive, financial, operational and economic conditions; and the other risks described in Bridger’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the Annual Report for the fiscal year ended December 31, 2025, which was filed with the SEC on March 6, 2026, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, which was filed with the SEC on May 8, 2026, recent Current Reports on Form 8-K and subsequent filings made by Bridger with the SEC from time to time. Forward-looking statements reflect Bridger’s expectations, plans or forecasts of future events and views as of the date of this press release. Bridger anticipates that subsequent events and developments will cause Bridger’s assessments to change. However, while Bridger may elect to update these forward-looking statements at some point in the future, Bridger specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Bridger’s assessments as of any date after the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release.

Two Super Scoopers mobilized to fight wildfires in Europe during its worst heatwave in a decade LISBON, Portugal, and BELGRADE, Mont., July 23, 2026 (GLOBE NEWSWIRE) -- Avincis, Europe's leading provider of emergency aerial services, and Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”) (NASDAQ: BAER, BAERW), one of the United States’ leading aerial firefighting companies, today jointly announced that Bridger’s two newest Super Scoopers have been leased to Avincis and deployed to support active wildfire suppression efforts in Portugal. The agreement marks Bridger’s first revenue-generating operations in Europe, with the aircraft currently under contract through mid-October, subject to the terms and conditions of the applicable agreements. Under the agreement, Avincis will operate the Bridger-owned aircraft, providing additional aerial firefighting capacity at a time when Europe is experiencing one of the most demanding starts to a wildfire season in recent years. The aircraft will be rapidly deployed to support ongoing responses to emerging wildfire threats in Portugal, reinforcing the strength of both Avincis and Bridger’s ability to protect communities, critical infrastructure and natural environments. With aircraft and crews operating in highly demanding conditions and often for extended periods, the additional CL-215T aircraft will provide valuable resilience to Avincis' firefighting operations. The company continues to work closely with national and regional authorities to ensure resources are deployed where they are needed most, while maintaining the highest standards of operational safety. The agreement underscores the growing need to strengthen Europe's long-term aerial firefighting capability. As wildfire seasons become longer, more frequent and more severe, demand for specialized aircraft continues to outpace available capacity. John Boag, Group CEO of Avincis, said: "Europe is facing a new reality where wildfires are becoming larger, more frequent and increasingly unpredictable. The current season has only just begun, yet we are already seeing exceptionally high levels of operational activity across Southern Europe. "This agreement with Bridger strengthens our ability to respond to that demand by adding proven firefighting aircraft to our fleet at a critical time. It also reflects our broader commitment to ensuring we have the capability, capacity and flexibility needed to support governments and emergency services as wildfire risk continues to grow. Building resilience today will determine how effectively we protect communities in the years ahead." Sam Davis, President and Chief Executive Officer of Bridger Aerospace, said: “Wildfires do not recognize borders, and neither should the capabilities needed to fight them. This deployment marks an important milestone for Bridger as our first revenue-generating activity in Europe and demonstrates the versatility of our fleet and business model. Whether a fire is burning in the forests of Montana or the hillsides of Portugal, our mission is the same, get our Scoopers to the fire as fast as possible and give the people on the ground every advantage. We are proud to join our strategic partners at Avincis as we answer the call in Europe together. Bridger stands ready to respond wherever wildfires threaten lives, property, and the environment, in the United States and around the world.” The lease agreement further strengthens the long-standing relationship between Avincis and Bridger and reflects both companies' shared commitment to providing world-class aerial firefighting capabilities wherever they are needed. About Avincis  As the largest provider of emergency aerial services in Europe – with additional operations in Africa and South America – Avincis’ areas of focus are helicopter emergency medical services, air ambulance, search and rescue, aerial firefighting, as well as dedicated aerial transport and medevac for offshore energy. Operating from more than 190 bases across Chile, Denmark, Finland, Greece, Italy, Mozambique, Norway, Portugal, Spain and Sweden, the company oversees operations from its headquarters in Lisbon, Portugal. With a fleet of approximately 210 aircraft (helicopters ~170 and aeroplanes ~40), Avincis counts on a team of more than 2,500 talented professionals, including experienced pilots, crews, technicians, and support teams to deliver its unique service. With more than six decades of experience in the sector, Avincis has been instrumental in saving lives and protecting communities in some of the most challenging and remote environments on earth.  Media Contact Avincis Lorena Rodrigo Andreu Group Director of Communications lorena.rodrigo@avincis.com About Bridger Aerospace  Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com.  Investor Contact  Bridger Aerospace Group Holdings, Inc.  Tom Cook  BridgerAerospaceIR@icrinc.com  Media Contact  Bridger Aerospace Group Holdings, Inc.  Devin Johnson  Bridger Aerospace  406-919-5980  d.johnson@bridgeraerospace.com Forward Looking Statements  Certain statements in this press release are “forward-looking statements” within the meaning of the federal securities laws, including statements regarding the anticipated scope, duration, performance and benefits of the lease agreement announced in this press release; anticipated aircraft deployment and utilization; demand for aerial firefighting services; and Bridger's future business, operations and financial performance. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “poised,” “positioned,” “potential,” “seem,” “seek,” “future,” “outlook,” “target,” and similar expressions. These forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, changes in wildfire activity, weather patterns and environmental conditions; operational, maintenance and logistical challenges affecting aircraft availability; regulatory or governmental actions; customer requirements; risks relating to lease performance, modification or early termination; international operating risks, including risks associated with foreign regulatory requirements and cross-border operations; and other risks described in Bridger’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the Annual Report for the fiscal year ended December 31, 2025, which was filed with the SEC on March 6, 2026, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, which was filed with the SEC on May 8, 2026, recent Current Reports on Form 8-K and subsequent filings made by Bridger with the SEC from time to time. Forward-looking statements reflect Bridger’s expectations, plans or forecasts of future events and views as of the date of this press release. Bridger anticipates that subsequent events and developments will cause Bridger’s assessments to change. However, while Bridger may elect to update these forward-looking statements at some point in the future, Bridger specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Bridger’s assessments as of any date after the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release.

BELGRADE, Mont., July 23, 2026 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or the “Company”) (NASDAQ: BAER, BAERW), one of the nation’s leading aerial firefighting companies, today announced that it will release financial results for the second quarter ended June 30, 2026 on Thursday, August 6, 2026, after the market close. Management will conduct an investor conference call on Thursday August 6, 2026, at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and business outlook. Interested parties can access the conference call by dialing 1-800-343-5172 or 1-203-518-9856. When prompted, please provide the Conference ID: BRIDGER. The conference call will also be broadcast live on the Investor Relations section of our website at https://ir.bridgeraerospace.com. An audio replay of the conference call will be available through August 12, 2026, by calling 844-512-2921 or 412-317-6671 and using the passcode 11162159. The replay will also be accessible at https://ir.bridgeraerospace.com. About Bridger Aerospace Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com. Investor Contact Tom Cook BridgerAerospaceIR@icrinc.com Media Contact Devin Johnson Bridger Aerospace 406-919-5980 d.johnson@bridgeraerospace.com Source: Bridger Aerospace Group Holdings, Inc.

King Air 350 configured with aircraft modification updates, dual-sensor configuration, and ability to pair with interoperable intel BELGRADE, Mont., July 16, 2026 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger,” “Bridger Aerospace” or the “Company”) (NASDAQ: BAER, BAERW), one of the nation’s leading aerial firefighting companies, today announced it has been awarded a task order by the U.S. Department of the Interior (DOI) to deploy a King Air 350 equipped with Bridger’s most advanced Multi-Mission Aircraft (MMA) capabilities. Following months of extensive modifications completed at Bridger's FAA-certified repair station, supported by the engineering expertise of the company's Huntsville team, the aircraft has been deployed under a 112-day task order to provide advanced situational awareness in support of wildfire and other emergency operations across the United States. The aircraft is equipped with Blackhawk engine upgrades to deliver jet-like speed, superior loiter time, and outstanding low-altitude performance. This King Air is also enhanced with Garmin avionics, dual sensor systems, and real-time data dissemination capabilities. Its sensor suite includes the first-ever use of Wide Area Motion Imagery (WAMI) technology in wildfire, paired with the proven performance of the MX-15 electro-optical/infrared (EO/IR) sensor. “Our King Air MMA represents Bridger's commitment to combining advanced technology with specialized aircraft to deliver the most innovative wildfire and other emergency intelligence solutions available,” said Bridger CEO Sam Davis. “This project was an extraordinary undertaking for our team, and we believe it has the potential to significantly enhance how intelligence is collected, shared, and acted upon in the field. As we advance our mission to protect lives, property, and the environment, we remain focused on delivering highly capable aircraft, exceptional platform performance, and meaningful value to our partners.” This deployment marks another milestone in Bridger's mission to equip frontline wildfire personnel with the most capable and fully integrated aerial intelligence tools available. The aircraft will operate through the end of October and will be based in Bozeman, Montana, supporting primarily wildfire response efforts as temperatures rise and drought conditions intensify across the western United States. About Bridger Aerospace Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com. Investor Contact Tom Cook BridgerAerospaceIR@icrinc.com Media Contact Devin Johnson Bridger Aerospace 406-919-5980 d.johnson@bridgeraerospace.com Forward Looking Statements Certain statements in this press release are “forward-looking statements” within the meaning of the federal securities laws, including statements regarding the anticipated scope, duration, performance, benefits and value of the task order announced in this press release; expected operational performance and capabilities of the aircraft, sensors and related technologies; anticipated revenues and business opportunities associated with the task order; demand for aerial intelligence and wildfire response services; and Bridger’s future business, operations and financial performance. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “poised,” “positioned,” “potential,” “seem,” “seek,” “future,” “outlook,” “target,” and similar expressions. These forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, the risk that the task order does not generate the anticipated revenues, business opportunities or operational benefits; the risk that the task order may be modified, delayed, terminated or not renewed; risks associated with government procurement processes, appropriations, funding decisions and agency requirements; aircraft availability, maintenance, operational readiness, staffing, technology performance, sensor functionality, data transmission capabilities, customer acceptance and regulatory approvals; the timing, severity and geographic scope of wildfire seasons and other emergency response activities; competitive, financial, operational and economic conditions; and the other risks described in Bridger’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the Annual Report for the fiscal year ended December 31, 2025, which was filed with the SEC on March 6, 2026, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, which was filed with the SEC on May 8, 2026, recent Current Reports on Form 8-K and subsequent filings made by Bridger with the SEC from time to time. Forward-looking statements reflect Bridger’s expectations, plans or forecasts of future events and views as of the date of this press release. Subsequent events and developments may cause Bridger’s views, expectations or assessments to change. Bridger may elect to update these forward-looking statements at some point in the future, but Bridger specifically disclaims any obligation to do so. These forward-looking statements speak only as of the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release.

BELGRADE, Mont., July 09, 2026 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or the “Company”) (NASDAQ: BAER), one of the nation’s leading aerial firefighting companies, today announced that management will present at the RedChip Vertical Economy Virtual Investor Conference: The Race to Dominate the Skies on Thursday, July 16, 2026, at 2:30 p.m. ET.  A live webcast of the presentation will be available HERE. An archived replay will be available following the live event and can also be accessed through the Events & Presentations section of the Company's Investor Relations website at https://ir.bridgeraerospace.com. About Bridger Aerospace Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com. Investor Contact Tom Cook BridgerAerospaceIR@icrinc.com Media Contact Devin Johnson Bridger Aerospace 406-919-5980 d.johnson@bridgeraerospace.com Source: Bridger Aerospace Group Holdings, Inc.